Jefferies Maintains Buy on Philip Morris Intl, Lowers Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Owen Bennett has maintained a 'Buy' rating on Philip Morris Intl (NYSE:PM) but lowered the price target from $113 to $111.
August 22, 2023 | 1:28 pm
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Jefferies has maintained a 'Buy' rating on Philip Morris Intl but lowered the price target from $113 to $111.
The news is directly about Philip Morris Intl. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook. However, the impact on the stock price is uncertain in the short term as the rating is still 'Buy'.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100